IRIS Accounts Production v23.3.1.45 06053069 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false Ordinary 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060530692022-03-31060530692023-03-31060530692022-04-012023-03-31060530692021-03-31060530692021-04-012022-03-31060530692022-03-3106053069ns10:Originalns15:EnglandWales2022-04-012023-03-3106053069ns14:PoundSterlingns10:Original2022-04-012023-03-3106053069ns10:Originalns10:Director12022-04-012023-03-3106053069ns10:Original2022-04-012023-03-3106053069ns10:Original2023-03-3106053069ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3106053069ns10:Originalns10:SmallEntities2022-04-012023-03-3106053069ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3106053069ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3106053069ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3106053069ns10:Originalns10:FullAccounts2022-04-012023-03-3106053069ns10:Original12022-04-012023-03-3106053069ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3106053069ns10:Originalns10:OrdinaryShareClass22022-04-012023-03-3106053069ns10:OrdinaryShareClass3ns10:Original2022-04-012023-03-3106053069ns10:Originalns10:Director22022-04-012023-03-3106053069ns10:CompanySecretary1ns10:Original2022-04-012023-03-3106053069ns10:Originalns10:RegisteredOffice2022-04-012023-03-3106053069ns10:Original2022-03-3106053069ns10:Originalns5:CurrentFinancialInstruments2023-03-3106053069ns10:Originalns5:CurrentFinancialInstruments2022-03-3106053069ns5:ShareCapitalns10:Original2023-03-3106053069ns5:ShareCapitalns10:Original2022-03-3106053069ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3106053069ns10:Originalns5:NetGoodwill2022-04-012023-03-3106053069ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3106053069ns10:Originalns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-04-012023-03-3106053069ns10:Originalns5:PlantMachinery2022-04-012023-03-3106053069ns10:Originalns5:FurnitureFittings2022-04-012023-03-3106053069ns10:Originalns5:MotorVehicles2022-04-012023-03-3106053069ns10:Originalns5:ComputerEquipment2022-04-012023-03-3106053069ns10:Original2021-04-012022-03-3106053069ns10:Originalns5:NetGoodwill2022-03-3106053069ns10:Originalns5:NetGoodwill2023-03-3106053069ns10:Originalns5:NetGoodwill2022-03-3106053069ns10:Originalns5:LandBuildings2022-03-3106053069ns10:Originalns5:PlantMachinery2022-03-3106053069ns10:Originalns5:FurnitureFittings2022-03-3106053069ns10:Originalns5:LandBuildings2022-04-012023-03-3106053069ns10:Originalns5:LandBuildings2023-03-3106053069ns10:Originalns5:PlantMachinery2023-03-3106053069ns10:Originalns5:FurnitureFittings2023-03-3106053069ns10:Originalns5:LandBuildings2022-03-3106053069ns10:Originalns5:PlantMachinery2022-03-3106053069ns10:Originalns5:FurnitureFittings2022-03-3106053069ns10:Originalns5:MotorVehicles2022-03-3106053069ns10:Originalns5:ComputerEquipment2022-03-3106053069ns10:Original2022-03-3106053069ns10:Originalns5:MotorVehicles2023-03-3106053069ns10:Originalns5:ComputerEquipment2023-03-3106053069ns10:Originalns5:MotorVehicles2022-03-3106053069ns10:Originalns5:ComputerEquipment2022-03-3106053069ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106053069ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3106053069ns10:Originalns10:OrdinaryShareClass12023-03-3106053069ns10:Originalns10:OrdinaryShareClass22023-03-3106053069ns10:OrdinaryShareClass3ns10:Original2023-03-31
REGISTERED NUMBER: 06053069 (England and Wales)















MSH BUILDING LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023






MSH BUILDING LTD (REGISTERED NUMBER: 06053069)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MSH BUILDING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: M S Harper
B M Harper





SECRETARY: B M Harper





REGISTERED OFFICE: 48 Springvale Industrial Estate
Cwmbran
Torfaen
NP44 5BB





REGISTERED NUMBER: 06053069 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

MSH BUILDING LTD (REGISTERED NUMBER: 06053069)

BALANCE SHEET
31ST MARCH 2023

2023 2022
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 176,788 254,773
176,788 254,773

CURRENT ASSETS
Stocks 31,518 31,518
Debtors 6 1,457,734 1,399,115
Cash at bank 1,938,740 1,221,692
3,427,992 2,652,325
CREDITORS
Amounts falling due within one year 7 487,344 378,879
NET CURRENT ASSETS 2,940,648 2,273,446
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,117,436

2,528,219

CAPITAL AND RESERVES
Called up share capital 8 20,002 20,002
Retained earnings 3,097,434 2,508,217
SHAREHOLDERS' FUNDS 3,117,436 2,528,219

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MSH BUILDING LTD (REGISTERED NUMBER: 06053069)

BALANCE SHEET - continued
31ST MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th February 2024 and were signed on its behalf by:





B M Harper - Director


MSH BUILDING LTD (REGISTERED NUMBER: 06053069)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

MSH Building Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill has been fully amortised in previous years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.


MSH BUILDING LTD (REGISTERED NUMBER: 06053069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2022 - 29 ) .

MSH BUILDING LTD (REGISTERED NUMBER: 06053069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2022
and 31st March 2023 80,000
AMORTISATION
At 1st April 2022
and 31st March 2023 80,000
NET BOOK VALUE
At 31st March 2023 -
At 31st March 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1st April 2022 110,023 19,173 17,149
Additions - - -
Disposals - - -
At 31st March 2023 110,023 19,173 17,149
DEPRECIATION
At 1st April 2022 16,020 13,725 15,854
Charge for year 2,201 817 259
Eliminated on disposal - - -
At 31st March 2023 18,221 14,542 16,113
NET BOOK VALUE
At 31st March 2023 91,802 4,631 1,036
At 31st March 2022 94,003 5,448 1,295

MSH BUILDING LTD (REGISTERED NUMBER: 06053069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st April 2022 478,898 2,743 627,986
Additions - 2,688 2,688
Disposals (226,017 ) - (226,017 )
At 31st March 2023 252,881 5,431 404,657
DEPRECIATION
At 1st April 2022 325,923 1,691 373,213
Charge for year 31,695 817 35,789
Eliminated on disposal (181,133 ) - (181,133 )
At 31st March 2023 176,485 2,508 227,869
NET BOOK VALUE
At 31st March 2023 76,396 2,923 176,788
At 31st March 2022 152,975 1,052 254,773

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Trade debtors 220,840 307,137
Other debtors 1,015,489 999,958
Directors' current accounts 220,072 90,687
Prepayments and accrued income 1,333 1,333
1,457,734 1,399,115

MSH BUILDING LTD (REGISTERED NUMBER: 06053069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Trade creditors 159,549 177,635
Corporation Tax 169,272 80,442
Social security and other taxes 20,516 28,046
VAT 128,106 92,308
Other creditors 2,614 448
Accrued expenses 7,287 -
487,344 378,879

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: as restated
£    £   
20,000 Ordinary £1 20,000 20,000
1 Ordinary C £1 1 1
1 Ordinary D £1 1 1
20,002 20,002

9. RELATED PARTY DISCLOSURES

The company had an outstanding directors loan account at the year end due from M S & B M Harper of £220,071 (2022 - £90,687).

At the 31 March 2023 MSH Property Developments Limited owed the company £806,358 (2022 - £792,091).